Mars Group Holdings (TSE:6419) E10: 円241.92 (As of Mar. 2026)


TSE:6419 Mars Group Holdings Corp TSE:6419
88 GF Score
Price 円2,924.00
GF Value 円2,790.61
Valuation Fairly Valued
! 3 Warning Signs
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What is Mars Group Holdings E10?

Mars Group Holdings TSE:6419 +1.04% 88 E10 is 円241.92 as of Mar. 2026. GuruFocus rates TSE:6419 with a GF Score™ of 88/100 and a GF Value™ of 円2,790.61 (Fairly Valued). The stock has 3 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Mars Group Holdings's adjusted earnings per share data for the three months ended in Mar. 2026 was 円59.670. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円241.92 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Mars Group Holdings's average E10 Growth Rate was 9.00% per year. During the past 3 years, the average E10 Growth Rate was 14.90% per year. During the past 5 years, the average E10 Growth Rate was 9.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Mars Group Holdings was 14.90% per year. The lowest was -6.40% per year. And the median was 1.90% per year.

As of today (2026-06-30), Mars Group Holdings's current stock price is 円2924.00. Mars Group Holdings's E10 for the quarter that ended in Mar. 2026 was 円241.92. Mars Group Holdings's Shiller PE Ratio of today is 12.09.

During the past 13 years, the highest Shiller PE Ratio of Mars Group Holdings was 21.44. The lowest was 8.84. And the median was 12.19.


Mars Group Holdings  (TSE:6419) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Mars Group Holdings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2924.00/241.92
=12.09

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of Mars Group Holdings was 21.44. The lowest was 8.84. And the median was 12.19.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Mars Group Holdings E10 Related Terms


Mars Group Holdings E10 Historical Data

* Premium members only.

The historical data trend for Mars Group Holdings's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mars Group Holdings E10 Chart

Mars Group Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 157.35 159.51 188.64 221.88 241.92

Mars Group Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 221.88 227.82 232.20 240.29 241.92

TSE:6419 vs AS, HAS, LTH: E10 Comparison

For the Leisure subindustry, Mars Group Holdings's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mars Group Holdings Shiller PE Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Mars Group Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Mars Group Holdings's Shiller PE Ratio falls into.


TSE:6419
88GF Score
Mars Group Holdings Corp TSE:6419
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mars Group Holdings E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Mars Group Holdings's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=59.67/112.7000*112.7000
=59.670

Current CPI (Mar. 2026) = 112.7000.

Mars Group Holdings Quarterly Data

per share eps CPI Adj_EPS
201606 42.590 98.100 48.929
201609 42.327 98.000 48.676
201612 91.482 98.400 104.777
201703 40.220 98.100 46.206
201706 19.170 98.500 21.934
201709 37.192 98.800 42.424
201712 58.320 99.400 66.123
201803 41.507 99.200 47.156
201806 11.870 99.200 13.485
201809 39.915 99.900 45.029
201812 47.180 99.700 53.332
201903 -33.405 99.700 -37.761
201906 42.110 99.800 47.553
201909 11.646 100.100 13.112
201912 55.860 100.500 62.641
202003 28.160 100.300 31.641
202006 0.210 99.900 0.237
202009 3.470 99.900 3.915
202012 30.547 99.300 34.669
202103 14.090 99.900 15.895
202106 62.640 99.500 70.950
202109 27.590 100.100 31.063
202112 8.000 100.100 9.007
202203 12.000 101.100 13.377
202206 21.070 101.800 23.326
202209 28.496 103.100 31.149
202212 85.320 104.100 92.369
202303 55.240 104.400 59.632
202306 135.600 105.200 145.267
202309 123.740 106.200 131.314
202312 134.310 106.800 141.730
202403 103.450 107.200 108.758
202406 204.440 108.200 212.943
202409 77.140 108.900 79.832
202412 112.170 110.700 114.197
202503 81.990 111.100 83.171
202506 105.860 111.700 106.808
202509 91.450 112.000 92.022
202512 102.940 113.000 102.667
202603 59.670 112.700 59.670

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of 円241.92 mean?
Mars Group Holdings (TSE:6419) has a E10 of 円241.92 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Mars Group Holdings and its competitors.
Is Mars Group Holdings' E10 too high?
Mars Group Holdings' current E10 is 円241.92. Overall, Mars Group Holdings has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mars Group Holdings' E10 compare to AS and HAS?
Mars Group Holdings' E10 of 円241.92 can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Travel & Leisure company?
A good E10 depends on the Travel & Leisure industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Mars Group Holdings and its competitors. Mars Group Holdings's current E10 is 円241.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mars Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Mars Group Holdings (TSE:6419) is currently considered Fairly Valued. The stock's GF Value™ is 円2,790.61, compared to a current price of 円2,924.00 — trading 4.8% above its estimated fair value. The current E10 is 円241.92. Mars Group Holdings' overall GF Score™ is 88/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Mars Group Holdings (TSE:6419), the current E10 is 円241.92 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mars Group Holdings (TSE:6419) Overvalued in 2026?

Based on GuruFocus' analysis, Mars Group Holdings stock appears to be overvalued. The current stock price of 円2,924.00 is trading 4.8% above its estimated GF Value™ of 円2,790.61. GuruFocus considers Mars Group Holdings to be Fairly Valued.

Key valuation signals for TSE:6419:

  • E10: 円241.92
  • GF Value™: 円2,790.61 vs. price of 円2,924.00 (4.8% above fair value)
  • GF Score™: 88/100 with 3 warning signs

No single metric tells the full story. See the TSE:6419 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mars Group Holdings Business Description

Address 1-10-7 Shinjuku, Shinjuku-ku, Tokyo, JPN, 160-0022
Mars Group Holdings Corp engages in the operation of amusement and hotel-related businesses. It operates through the following divisions: Amusement, Automatic Recognition System, and Hotel. The Amusement division provides peripheral equipment for amusement-related facilities. The Automatic Recognition System division deals with RFID (radio frequency identification) and barcodes in the fields of medicine, education, library, and factory automation. The Hotel division handles hotels and restaurants operations in Fukuoka, Shizuoka, and Tokyo.
88GF Score

Get the complete analysis for TSE:6419

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円2,924.00
Price
円2,790.61
GF Value